Analysts downgraded Crocs to hold, saying a return to socializing could dampen sales in the comfortable footwear brand.
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Loop Capital downgrades Crocs, says investors should take a wait-and-see approach
Business
Scripps launches cost cutting, AI integration in latest effort to generate earnings growth
FILE PHOTO: E.W. Scripps Co. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, June 3, 2016. Michael Nagle | Bloomberg | Getty Images E.W. Scripps is setting into motion what it calls a transformation plan for the broadcast station company — […]
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Business
Property Play: Delinquencies in commercial mortgage-backed securities are on the rise. Here’s what’s happening
Key Points Delinquencies in commercial mortgage-backed securities rose again in January, up 17 basis points from December to 7.47%, according to Trepp. The increase was driven by the beleaguered office sector, which has a lot of distressed properties to work through but is seeing improvements in fundamentals. The rate increase was driven by two exceptionally […]
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Business
Value is the key to McDonald’s growth plans, but it’s creating tensions with some franchisees
The restaurant sector has spent the past 18 months trying to figure out how to reach consumers in a hypercompetitive and uneven economy. McDonald’s, which is set to report earnings after the bell Wednesday, has doubled down on value messaging to customers via Extra Value Meals and Snack Wraps, which will likely help to boost […]
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